Laser Regatta Squadron

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Sailboat training, racing, cruising and social events for sailors

Form 990-EZ Part III, FY2026. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 23-7372614) · Dispute this line
501(c)(7) social or recreational club; gifts are not tax-deductible as charitable contributions.
12¢ of each $1 spent went to programs.
Run by 55 volunteers.
Mission: Form 990-EZ Part III · Status: IRS Pub. 78 · Programs: Part IX · People: IRS e-file

Before you give

FY2026 · Form 990-EZIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2026
latest Form 990-EZ
The latest return is for FY2026, this tax year.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average surplus $7K a year · 5% of revenue · last 3 filings
A surplus in 1 of the last 3 filings.
990-EZ Pt I · Ln 18 · 3 filings
Spent on programs
12%
of spending
12% of spending went to programs.
990-EZ Pt III · Ln 32
Liabilities
$2K
0.9% of total assets
Liabilities are 0.9% of assets.
990-EZ Pt II · Ln 26
Revenue
$168K
+6% vs prior year
Spent
$178K
To programs
12%
Net assets
$262K
By yearFY2021–FY2026
Revenue
$168K
FY2026▲ +6%
Tap a bar for its year
Revenue by fiscal year
FY2021$112K
FY2022$189K
FY2023$183K
FY2024$152K
FY2025$158K
FY2026$168K
Expenses
$178K
FY2026▲ +22%
Tap a bar for its year
Expenses by fiscal year
FY2021$124K
FY2022$146K
FY2023Not on file
FY2024Not on file
FY2025Not on file
FY2026$178K
Net assets
$262K
FY2026▼ -14%
Tap a bar for its year
Net assets by fiscal year
FY2021$211K
FY2022$255K
FY2023$289K
FY2024$296K
FY2025$303K
FY2026$262K

From the FY2026 Form 990 (year ending March 2026) · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2026. IRS ruling in Aug 1974.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

12 cents of each dollar spent went to programs.

Program services 12% · $22K

Form 990-EZ Part I, lines 10–17. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

8 people listed on the 990-EZ.

990-EZ Part IV · reportable compensation
Commodore
$0990-EZ Pt IV
Vice Commodore
$0990-EZ Pt IV
Secretary
$0990-EZ Pt IV
Board Member
$0990-EZ Pt IV
Board Member
$0990-EZ Pt IV
Board Member
$0990-EZ Pt IV
Rear Commodore
$0990-EZ Pt IV
Treasurer
$0990-EZ Pt IV
See Laser Regatta Squadron executive salaries →

Programs and updates

Provides sailboat training, racing, cruising, and social events for sailors.

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1 program · $140K · in their own filed words · FY2021
01

Sailing Events

Member races and social events

Form 990-EZ Part III, lines 28–30, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 23-7372614) · Dispute this line
$140Kprogram expense

By the numbers

The FY2026 990-EZ, line by line.

1The main four
Money in
$168K
Other income$168K
Money out
$178K
Programs$22K
Owns and owes
$262K
net assets
Total assets$264K
Liabilities$2K
People
8
listed
Paid0
2In more detail
Revenue in detail
Other income$168K
Total revenue$168K
Assets in detailEnd of year
Total assets$264K
Liabilities$2K
Net assets$262K
Operations
Employees0
Volunteers55
Fiscal year endsMarch

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2026 Latest ViewingFiled with the IRS May 27, 2026 $168K$178K−$10K$262K 990 PDF
FY2025Filed with the IRS Jun 4, 2025 $158K$303K 990 PDF
FY2024Filed with the IRS Sep 16, 2024 $152K$296K 990 PDF
FY2023Filed with the IRS Sep 26, 2023 $183K$289K 990 PDF
FY2022Filed with the IRS Dec 21, 2022 $189K$146K$44K$255K 990 PDF
FY2021Filed with the IRS Jan 24, 2022 $112K$124K−$12K$211K 990 PDF

Schedules filed Part IV

O · Explanations

Form 990 e-file FY2026 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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